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OLX's operations in India, like other online retailers, has faced problems with fraud and faced problems with people selling stolen vehicles. In combating fraud, nearly 25% of the car listings get rejected by its systems to protect users from fraud. [36] [37] In August 2023, OLX's India business was acquired by CarTrade for ₹ 535.54 crore. [38]
Some auction locations inspect and prepare the cars for sale if the listing dealer so chooses (at a premium). More extensive reconditioning is also available. Many auctions offer (for a fee) post-sale inspections for qualifying vehicles that can determine mechanical or frame damage issues and allow the buying dealer a window of opportunity to ...
This is a list of the most expensive cars sold in public auto auctions through the traditional bidding process.. On May 5, 2022, in a secret auction at the brand's museum in Germany, Mercedes-Benz sold one of just two 1955 300 SLR Uhlenhaut coupes from its extensive collection of historical automobiles—which dates back to the earliest days of the car in the late 19th century.
About 20 cars were built. Many of these Victorias, all of them white, were sold to the House of Saud, the royal family of Saudi Arabia. But within 2 to 3 years all of them were retired due to various malfunctions. The 1985 Victoria was priced US$99,500 (adjusted for inflation appr. US$202,000 in 2010 dollars).
An online auction (also electronic auction, e-auction, virtual auction, or eAuction) is an auction held over the internet and accessed by internet connected devices. [ 1 ] [ 2 ] [ 3 ] Similar to in-person auctions, online auctions come in a variety of types , with different bidding and selling rules.
Private Cars: The strip on the plates for Private cars is coloured white. The symbol at the bottom of the strip is a circle. The Saudi Police uses standard registration plates. Public Transport: The strip on the plates for public transport and taxis is colored yellow. The symbol at the bottom of the strip is a triangle pointing up. Commercial